what is the difference between capital and revenue
expenditure
Answer Posted / dfg
CAPITAL EXPENDITURE: Outlay resulting in the increase or
acquisition of an asset or INCREASE in the earning capacity
of a business
REVENUE EXPENDITURE: Outlay as is necessary for the
MAINTENANCE of earning capacity including the upkeep of the
fixed assets in a fully efficient state.
| Is This Answer Correct ? | 6 Yes | 2 No |
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